Google Unveils Plans for Layer-1 Universal Ledger, Positioning Itself Against Circle and Stripe

Google has recently announced its venture into the development of a layer-1 universal ledger, directly challenging existing players such as Circle and Stripe. This ambitious project aims to create a unified platform for digital transactions, potentially revolutionizing how payments are processed and data is transferred. The move underscores the growing interest in blockchain technology from tech giants and highlights its disruptive potential across various sectors. Analysts are closely observing the developments, anticipating a significant impact on the digital payments landscape.